# Conrad N. Hilton Foundation

Conrad N. Hilton Foundation is an Endowment / Foundation based in Westlake Village, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Westlake Village, United States
- **Region:** North America
- **Address:** 1 Dole Dr, Westlake Village, CA 91362, United States
- **Founded:** 1944
- **Assets under management:** 7.36B (Altss estimate)
- **Website:** hiltonfoundation.org
- **LinkedIn:** https://www.linkedin.com/company/hilton-foundation

## Regulatory record

- **Reports private funds:** No

## About

The Conrad N. Hilton Foundation was established in 1944 by hotel entrepreneur Conrad Hilton. Its board includes multiple family members across generations, with Linda Hilton as current Chair and Justin McAuliffe as Vice Chair. The foundation maintains a net-zero headquarters campus in Agoura Hills completed in 2012 and sold its prior Westlake Village property in 2025. Deployment spans public equities, private equity, venture capital, and real estate. Confirmed positions include long holdings in iShares Core S&P 500 ETF reported in 2025 13F filings and limited partner stakes in Japan Industrial Partners, Andreessen Horowitz, and Bain Capital Ventures. Geographic exposure covers the United States, Japan, Uganda, and Haiti through both fund commitments and direct holdings. The foundation also maintains a 44-acre Agoura Hills campus and funded the Barron Hilton Pioneers of Flight Gallery at the National Air and Space Museum. The foundation employs no disclosed investment staff count beyond the Chief Investment Officer role. It participates in The Giving Pledge and the SDG Philanthropy Platform. October 2025: Sponsored the Conrad N. Hilton Humanitarian Prize Ceremony at the Waldorf Astoria New York honoring Mines Advisory Group. Additional service providers include State Street Bank and Trust as custodian and PIMCO as an investment manager. Governance remains anchored in family board control across three generations while separating grantmaking vehicles such as the Conrad N. Hilton Fund for Sisters from the main endowment. This structure allows continued family oversight of both investment policy and program focus without external LP pressure.

## Sectors

- Healthcare
- Real Estate
- Private Equity
- Venture Capital

## People

- Peter Laugharn — President and CEO
- Michael Buchman — Vice President and Chief Investment Officer
- Linda Hilton — Board Chair

## Questions

### Who runs investment decisions at the Conrad N. Hilton Foundation?

Michael Buchman serves as Vice President and Chief Investment Officer. Peter Laugharn holds the President and CEO title and participates in overall capital oversight alongside the board.

### Does the Conrad N. Hilton Foundation participate in fund commitments or only direct deals?

The foundation holds limited partner positions in multiple external funds including Andreessen Horowitz, Bain Capital Ventures, and Japan Industrial Partners. It also maintains direct real estate assets and public equity positions.

### What investment stages does the Conrad N. Hilton Foundation typically target?

Allocations include early-stage venture through fund commitments and later-stage or buyout exposure via private equity vehicles. Public equity holdings provide additional liquidity.

### How is the Conrad N. Hilton Foundation related to its supporting organizations?

The Conrad N. Hilton Fund for Sisters operates as a supporting organization focused on grants to Catholic sisters. The main foundation maintains separate governance while sharing family board members.

### What is the Conrad N. Hilton Foundation's known posture on co-investments alongside external GPs?

No direct co-investment activity is disclosed. Capital flows primarily through fund commitments and separate direct holdings rather than side-by-side deals with external managers.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/conrad-n-hilton-foundation

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